RenoWorks Software Balance Sheet Health
Financial Health criteria checks 3/6
RenoWorks Software has a total shareholder equity of CA$-158.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.5M and CA$2.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$748.22k |
| Equity | -CA$157.98k |
| Total liabilities | CA$2.71m |
| Total assets | CA$2.55m |
Recent financial health updates
No updates
Recent updates
Estimating The Intrinsic Value Of RenoWorks Software Inc. (CVE:RW)
Aug 21
Estimating The Intrinsic Value Of RenoWorks Software Inc. (CVE:RW)
Apr 20Read This Before Selling RenoWorks Software Inc. (CVE:RW) Shares
Feb 22Estimating The Intrinsic Value Of RenoWorks Software Inc. (CVE:RW)
Dec 29How Does RenoWorks Software's (CVE:RW) CEO Pay Compare With Company Performance?
Nov 24Financial Position Analysis
Short Term Liabilities: RW has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RW has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RW is debt free.
Reducing Debt: RW's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4% per year.